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3 3 E•4y.i ��: <br /> 3} rryy y} <br /> 0 t1oon 3se Articte to re- uce a-mount of <br /> _ - rTT <br /> • � 1,'s i�€�i� <br /> FRT€�r r'ff€• €T�T I d� <br /> r <br /> r cas ... rans- erre o a i a <br /> Stabioli"zati*on b 840 <br /> _000 Et le6 <br /> g <br /> MA <br /> M.11 Lion e exc usion <br /> 1 4��E•. <br /> T �,r 13 <br /> Pros: r <br /> No debt incurred for wastewater treatment plant design; still need debt <br /> exclusion for collection system design. <br /> Does not require 2/3 approval at town meeting for $840,000,- only simple <br /> majority required and no ballot question necessary. ` <br /> portion allows flexibility in ex• endin funds. �a <br /> Borrowing authorizationp y p g _ <br /> R: <br /> The $840,000-woutd not increase the amount of taxes levied annually, taxes <br /> would be increased by debt on $1 .6 million only. <br /> Possibly fund debt payment with rooms tax F± Wl1F. <br /> ..._'),:l.i?is X <br /> Cons: i:i ::]:- -_ x•x�tt <br /> 1Hit <br /> #{ <br /> ):Yf::]:Y.Y.::�:: <br /> . ti <br /> X1y�y{=j5 <br /> 9CIDt�1t•M3 Lf�9C. q <br /> _ �g•F52i'Y. <br /> ■ ■ • ■ M37 1 EH' ' <br /> Selectmen to o against nst their Capital Stabs lzatonpolicy. i} <br /> Would require S g g p <br /> MEN <br /> II!i'3fu[k{ ee'��'��r�¢'•[4 }L <br /> _ Yi:V.i:r:::1: <br /> Reduces amount of funds available for future capital purposes, may not have <br /> ability to fund future C1P if faced with financial difficulties. <br /> i'"Y:.T:::YYY]:Y J:,;Y,:::::J:]:,• t � ,'• :•1 3 <br /> • Vr...rrxr.]:7:rr.>:r:]:]:• ) .��i�i� �� e � <br /> s may have ne ative effect on bond rating. <br /> Reduction in reserve wwrr <br /> 41111-0 Possibility of project not progressing if debt exclusion fails <br /> Funding annual•debt with rooms tax requires 2l 3 vote. <br /> 6 <br />